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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Roger A. Babb who wrote (4434)8/1/1997 2:13:00 PM
From: Jon Tara   of 9285
 
Any ideas on stocks that are very short-term over-bought for a decline into today's close?

ALSC looks like an attractive short here if it fails to make it to 15 1/2 again. (Or even better if it runs to 16 or so...) This thing could drop like a rock if the market drops into the close. It does look like it's going to get one more push up.

Anything else like this with a big spike over the past couple of days?

(I should probably just take my own advice, though - just reach for the SPY.)
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